Tag: Central Bank of Egypt

NBE loans EGP 1bn to 1,734 micro and small-sized enterprises in February, March 2016

The bank provided EGP 23.4bn to 48,000 SMEs through of March 2016

Hossam Mounir

Prime Holding publishes recommendations on reducing Egypt’s $60bn import bill

Egypt can reduce its value of imports by $20bn, the paper suggests

Daily News Egypt

Banking expert warns against further EGP devaluation, unless CBE is prepared

The CBE should have enough dollar liquidity to control the market, otherwise…

Hossam Mounir

Analysts expect further EGP devaluation against dollar

Analysts cannot predict the timing and percentage of devaluation

Hossam Mounir

CBE assigns $120m for importation of food commodities before Ramadan

This move comes within the framework of the bank's readiness to meet…

Hossam Mounir

Islamic banks face challenges associated with managing liquidity: CBE deputy governor

Negm added that the government reissuing bonds when they are due will…

Hossam Mounir

Banks must comply with new controls for foreign exchange deposits: CBE

CBE said in a statement on Monday that it had monitored some…

Hossam Mounir

CBE has not received new deposits from Saudi Arabia’s MOU with Egypt as of Saturday: CBE deputy governor

Quality of performance is a requirement for extending working period, says Negm

Hossam Mounir

Sawiris and Tarek Amer fight: flashback to previous battles with the state?

Businessman Naguib Sawiris insists that Tarek Amer used his position to prevent…

Doaa Farid

CBE closes 5 exchange companies for committing violations: deputy governor

Negm said the closure of money exchange companies and revoking their licenses…

Hossam Mounir